GREEN4SEA Conference & Awards

5 Apr 2017
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GREEN4SEA Conference & Awards

5 Apr 2017
Learn More

USCG-approved BWMS manufacturer files for bankruptcy

The Norwegian-based manufacturer, OceanSaver, which was one of the first to receive the USCG Type- Approval for its BWTS,  is heading towards bankruptcy. The sad news was announced by Aage Bjørn Andersen, who is one of  the two founders of the company.  OceanSaver has not made any official announcement so far.

OceanSaver was established in 2003 being the first to introduce the electrochemical BWMS technology.

”Following a harsh take-over in 2011, the original owners and founders were unfairly squeezed out of the company. As the brainchild behind the technology, my company, Mentum, was later in 2012 contracted to further develop and manage OceanSaver’s product and their compliance and approval strategies.” stated Mr Andersen via Linkedin.

On September 23rd 2016, the company submitted the application for the USCG Type Approval which it was granted after three months.

” Internal mismanagement and incompetence combined with a reckless IMO-process eliminating huge markets for many years, have taken its first victim.” Mr Andersen further commented.

 

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